After fully understanding how litigation funding works, an application was completed over the phone. Within hours (time varies from attorney to attorney), one of our specialists was able to obtain the necessary documentation from the plaintiff’s attorney, the funding request was approved and the money wired into her account the next morning. With the bills paid, the woman was able to wait for justice; her case settled for $1.2 million.
Getting a fair settlement can take your attorney time - months, even years. Litigation funding can keep a plaintiff financially afloat while recovering from injuries and help maximize case results.
Here are a few advantages of litigation funding:
• No application fee.
• No monthly payments.
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• It is not a loan, but rather a non-recourse cash advance. This means nothing is paid until the case successfully settles. If the plaintiff loses, the repayment is completely waived.
• Funding can typically be provided within 24-48 hours after approval.
Litigation funding is most commonly used in personal injury cases such as auto accidents and medical malpractice. If you need emergency cash while waiting for a case settlement, applying for litigation funding is free and easy.
Disclaimer: This article is a paid advertisement prepared by Lawsuit Financial Corp. and does not constitute legal or financial advice from Online Legal Media or LawyersandSettlements.com.